TITLE PAGE ROLE OF FINANCIAL STATEMENT IN INVESTMENT DECISION MAKING. (A CASE STUDY OF FIRST BANK OF NIGERIAN PLC) BY AMEDU‚ MERCY A. ACC/2008/502 A RESEARCH PROJECT SUBMITED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE BACHELOR OF SCIENCE (B. SC) DEGREE IN ACCOUNTANCY. FACULTY OF MANAGEMENT AND SOCIAL SCIENCES‚ DEPARTMENT OF ACCOUNTANCY‚ CARITAS UNIVERSITY AMORJI NIKE ENUGU [ AUGUST‚ 2012 CERTIFICATION It is hereby certified that the research work
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Executive summary The main objective of this thesis is to determine the value of Inditex´s share by conducting own valuation. Over the recent years‚ Inditex has demonstrated remarkable growth and continuously been expanding its operations year after year. Furthermore‚ Inditex has had a continuous increase in share value since being publicly listed in the Madrid stock exchange in 2001‚ until mid of 2007. However‚ from 2007 until today‚ the share price has plunged from 51 EUR to 25 EUR. Experts seem
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CHAPTER 9 ANALYSIS OF FOREIGN FINANCIAL STATEMENTS Chapter Outline I. Reasons to analyze financial statements of foreign companies include: • making foreign portfolio investment decisions‚ • making foreign merger and acquisition decisions‚ • making credit decisions about foreign customers‚ • evaluating foreign suppliers‚ and • benchmarking against foreign competitors. II. There are several problems an analyst might encounter in analyzing foreign financial statements‚ including:
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Financial Analysis using Excel Function Information requirements for function Dates Prices and par values Frequency‚ and related Yields and interest/ discount rates Discount Any amount paid at maturity ? Frequency of payme nts pa First coupon Redemption amount Investment amount # of periods Settlement Par/coupon Maturity COUPDAYBS COUPDAYS COUPDAYSNC COUPNCD COUPPCD COUPNUM DURATION MDURATION PRICE PRICEDISC PRICEMAT RECEIVED YIELD YIELDDISC YIELDMAT ACCRINT
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FINANCIAL STATEMENT ANALYSIS Paula Bianca Formantes Financial Analysis The process of understanding the profitability and risk of a firm through an in depth review or study of the basic financial statements‚ by the use of different tools and techniques. Several Financial Analysis Techniques: 1. Horizontal Analysis 2. Vertical Analysis 3. Ratio Analysis BALANCE SHEET SAN MIGUEL CORPORATIOS CURRENCY IN MILLIONS OF PESOS DEC 31 2011 DEC 31 2012 ASSETS LIABILITIES & EQUITY Cash And Equivalents
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Week Three Exercises Fatma Miljkovic ACC/290 March 25‚ 2013 Professor: Tim Callaghan | BE4-1 | Transactions that affect earnings do not necessarily affect cash. | Hint: Identify impact of transactions on cash and net income.(SO 2‚ 9) | | | InstructionsIdentify the effect‚ if any‚ that each of the following transactions would have upon cash and net income. The first transaction has been completed as an example. | | | | | Cash | Net Income | (a) | Purchased $100
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Financial Management – Handout »Balance Sheet - Statement of financial positions on a specific date * Book value: value on balance sheet (historical cost) * Market value: value of assets depends on riskiness‚ cash flows * Balance sheet identity: Assets = Liabilites + Shareholders‘ equity * Debt versus equity: Shareholders equity = Assets + Liabilities * Financial leverage: the more debt‚ the greater its degree of financial leverage »Income
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general rule‚ revenue is normally recognized when it is: A. measurable and earned. B. measurable and received. C. realizable and earned. D. realizable. 3. Which of the following measures of accounting income is typically reported in an income statement? A. Net income B. Comprehensive income C. Continuing income D. All of the above 4. According to FASB‚ initial franchise fees should be recognized as income when: A. the franchiser has substantially performed or satisfied all material services
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completing a financial statement analysis of a publicly traded company and I have chosen to use Wal-Mart. I chose Wal-Mart because it is the only major company that is in my home town. There are a few small hardware stores but nothing as big as Wal-Mart. I also happen to enjoy going to Wal-Mart to do my food shopping and to get everyday household supplies. There is so much to learn about the financial aspects of a business through accounting. It is important to understand financial reports and how they
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Calculation of Duration Gap for the bank 1 Scenario Analysis 2 Estimation of magnitude of interest rate increase 3 Part II 4 Market price (in US$) of the three T-notes/bonds 4 Macaulay Duration values of the three T-notes/Bonds 4 Convexity values of the three T-bonds 5 Part III 7 Maximum Amount of Investment 7 Investment Selection 7 Scenario Analysis 9 Estimation of magnitude of interest rate increase
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